OneAmerica Financial has entered a definitive agreement with Voya Financial to acquire our Retirement Services recordkeeping business.
Importantly, in Voya Financial, OneAmerica Financial is leaving its retirement business in the hands of an organization that we are confident will commit to delivering industry-leading offerings and service to our clients. Voya is excited, and we see this as a great opportunity for them and for many of our associates to grow with them.
What does this mean for you?
Simply, this transaction will enable greater leadership focus on our core businesses and best opportunities for growth. Looking forward, OneAmerica Financial will intensify our focus on driving growth in Individual Life and Financial Services, including our Care Solutions product line, as well as our Employee Benefits and our Institutional Markets lines of business. Our growth in these core lines of business continues to outpace industry benchmarks, reflecting both the need in the marketplace and our strength to capitalize on these opportunities into the future.
We remain a relationship-driven company, committed to mutuality and financial strength, relationships of mutual trust and our mission of championing lives to create certainty for better moments every day.
We have strong momentum and are excited to continue our growth trajectory alongside all our distribution partners. We will continue to share additional relevant information as we always do.
In the meantime, we encourage you to reach out to your leadership contacts with any questions. For more on today’s announcement go to Voya.com.
LIBRA PARTNER